A North Carolina Trademark License Agreement for a Multimedia Business is a legal contract between the owner of a trademark and a multimedia business in North Carolina. This agreement allows the multimedia business to use the owner's trademark for various purposes, such as advertising, promotion, and distribution of multimedia products or services while ensuring the protection of the trademark owner's rights. Keywords: North Carolina, Trademark License Agreement, Multimedia Business, legal contract, trademark owner, multimedia products, advertising, promotion, distribution, protection, rights. Types of North Carolina Trademark License Agreements for a Multimedia Business: 1. Exclusive Trademark License Agreement: This type of agreement grants the multimedia business exclusive rights to use the trademark within a specific geographic area or industry sector. The trademark owner cannot grant licenses to any other party within the designated scope. 2. Non-Exclusive Trademark License Agreement: Unlike an exclusive agreement, a non-exclusive trademark license allows the multimedia business to use the trademark, but the trademark owner can also grant licenses to other parties simultaneously. The multimedia business shares the rights to the trademark with other licensees. 3. Royalty-Free Trademark License Agreement: In this type of agreement, the multimedia business pays a one-time fee or no fee at all to use the trademark. The trademark owner provides the license without seeking additional payments based on sales, usage, or other criteria. 4. Royalty-Bearing Trademark License Agreement: A royalty-bearing agreement requires the multimedia business to pay royalties or licensing fees to the trademark owner based on a specific percentage of sales, revenue, or other agreed-upon terms. These agreements often have a specified payment schedule and reporting requirements. 5. Term-Limited Trademark License Agreement: This agreement allows the multimedia business to use the trademark for a specific duration. It includes a start date and an end date, after which the multimedia business must discontinue using the trademark, unless the agreement is renewed or extended. 6. Territory-Limited Trademark License Agreement: A territory-limited agreement restricts the multimedia business's use of the trademark to a specific geographical area. This ensures that the trademark owner can grant licenses to other parties outside the designated area. 7. Usage-Restricted Trademark License Agreement: This type of agreement limits the multimedia business's use of the trademark to specific purposes, such as in advertising or on certain multimedia products. The agreement may outline guidelines and restrictions on the trademark's usage to protect the trademark owner's brand identity. These different types of North Carolina Trademark License Agreements for a Multimedia Business provide flexibility and options for both the trademark owner and the multimedia business, allowing them to negotiate terms that align with their specific needs and interests.
North Carolina Trademark License Agreement for a Multimedia Business
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How to fill out Trademark License Agreement For A Multimedia Business?
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Quality control is, therefore, the essence of trademark licensing, providing the means for ensuring that the licensee's use is consistent with the licensor's interest in the trademark and at the same time ensuring that the consumer will get essentially the same quality good or service no matter where the trademarked ... MODULE 12. Trademark Licensing - WIPO World Intellectual Property Organization ? sme ? documents ? pdf World Intellectual Property Organization ? sme ? documents ? pdf PDF
(a) LICENSEE acknowledges the value of the goodwill associated with the Trademark and that the Trademark is distinctive and has acquired secondary meaning. LICENSEE agrees, during the Term, and thereafter, never to challenge the rights of E-City or others in the Trademark.
While others prefer to receive a percentage of gross revenue earned by the company that is using their trademark. Depending on the perceived value of your trademark, this licensing fee can range from a few hundred dollars to several thousands.
3. Trademark license agreement instructions Introduction of Parties. ... Recitals. ... Section 1: Grant of license. ... Section 2: No assignment or transfer. ... (Optional) Section 3: Territory. ... Section 4: Consideration. ... Section 5: Maintenance of records and audit rights. ... Section 6: Term.
The licensee must allow the trademark owner to review their processes. Compensation: This section details the payment arrangement for using the trademark. It may concern a one-time fee, continuing royalties, or a combination. Representations and Warranties: Both parties must provide representations and warranties.
However, the license for use of unregistered Trade marks is governed as per agreement executed by the Proprietor and the Licensee under the contract Act / common law. It is permissible to license an unregistered Trade mark. Trade Mark Licensing in India - Mondaq mondaq.com ? india ? intellectual-property mondaq.com ? india ? intellectual-property